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Unless you are also trying to prop up the us government by buying treasuries (us based stable coins)
by boringg 7mo ago
Unless you are also trying to prop up the us government by buying treasuries (us based stable coins)
- rchaud 7mo agoMost Treasuries are held by US banks, investment firms and municipalities. I'm pretty sure those firms hold a good chunk of global stablecoin volume, given the nonexistent regulation of crypto in the US relative to other countries.